Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Well, the great thing about MQD is that the federal courts move away from the Chevron Doctrine, which allows huge deference from the federal agencies self interpretation of their Enabling and subsequent statutory powers.

MQD recognizes that while the US Congress can delegate sweeping and broad authority to the federal agencies, the US Congress cannot delegate its authority to decide Major Economic and Political Questions that are the very foundationally RESERVED EXCLUSIVELY FOR OUR ELECTED REPRESENTATIVES IN CONGRESS.

Plus, the power of the purse belongs to our elected representatives in Congress NOT the unelected Bureaucrats in the federal agencies, right?

Btw, I've been an adjunct MBA professor for over 20 years and I have no heartburn if the US Congress decides to forgive $400B of student loans BUT I DO IF ITS done by unelected Bureaucrats in the Executive Branch by a directive from the POTUS.